With government aid and traditional approaches to financing global development in sharp decline, the funding chasm requires a new approach. Instead of searching for single revolutionary ideas to upend industries or inventions to change the way we live, we need a formula for sustained, scalable change that can withstand a shifting policy landscape.
The good news is we already have this in place.
While recent news is filled with daunting headlines about governments cutting back on development assistance, in reality, global aid has been in decline in recent years.